Credit Card Stack

Which Cash Back Credit Card Is Best?

Although you have hundreds of options for rewards cards, cash-back rewards cards prove to be a big hit with consumers and it doesn’t take a financial planner to figure out that getting money back when you spend money combined with a low interest rate is a good thing.

It makes sense right? You get actual cash-back equal to a pre-determined percentage of qualifying purchases during a time-period. What’s better than spending money and getting money back?

Though the lure of cash-back credit cards are strong, and there certainly are some great cards out there designed to save you more at the gas station (Chase BP and Discover Open Road are two that come to mind), you don’t necessarily have to make gasoline and automotive-maintenance related purchases to get cash-back.

Here are a few credit cards that offer cash-back incentives to help you narrow down your own choices - you can also see all of these credit cards in our “Cash Back Credit Cards” category.

Top 10 Most Popular Cash Back Rewards Credit Cards

These are the CCS top 10 cash-back rewards cards. Keep in mind there is no “best credit card”, only the best credit card for you. Using this logic the rankings will not be numbered 1 through 5, and will appear in alphabetical order. You can click on the card link to read more details about a specific card and apply.

Top 5 Cash-Back Cards For Personal Use

• 
  American Express Blue Cash: AMEX has been at it a long time with their Blue card, and with a savings of up to 5% on purchases with unlimited cash back (i.e. no limit on the amount of qualifying purchases and cash back you can receive) this is a great card. Throw in a low 4.99% balance transfer APR for the life of the balance, no annual fee 0% APR for 6 months - you’ve got yourself a top 5 rewards card!
• 
  Chase BP Visa Card: You know Chase, and if you’ve filled up your car in the last 10 years or so - you’ve probably heard of BP as well. The Chase BP Visa Card combines these 2 companies and slaps it on a Visa card that will be accepted nearly everywhere you shop - including of course, BP! If you get gas at BP and you use this card, you’ll get 5% back at participating locations. You’ll receive 2% on eligible travel and dining purchases, and 1% on all other eligible purchases. Toss in no annual fee and 0% APR for up to 6 months and you can easily see how this card made the list
• 
  Chase Freedom Card: This is a great cash-back card. To put you in a spending mood Chase is giving you $50 after you make your first purchase, then you get 3% cash back in your top 3 everyday spending categories! Whoa. Ok. That means anything you spend your money on will fall into a category like Retail, Automotive, etc and the top 3 you’ll get 3% cashback on. Oh, and you’ll get 1% on every other purchase.
• 
  Chase PerfectCard: Want to get even more cash back on gas purchases? Try 6% for the first 90 days. Think that after 90 days it’s done? Think again. You’ll still be saving 3% on eligible gas purchases, and 1% on every other kind of purchase. There’s a 0% APR for up to 6 months and no annual fee.
• 
  Discover Open Road: The Discover Open Road in addition to being a popular gas rewards card happens to offer great rewards. I know, makes sense doesn’t it? You get 5% cashback at the pump, and 1% on all other purchases. Of course, it doesn’t end there. You can receive 5% - 20% cashback at qualifying online retailers. It almost seems like Discover is paying you to shop with these cash back rates! Intro APR for 6 months is 0% and 12 months on balance transfers.

Top 5 Cash-Back Cards For Businesses

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  American Express Blue Cash For Business: You didn’t honestly think American Express would have a Blue card that offers great cash back incentives and not extend that to businesses did you? Good. This is an amazing cash back card. Not only will you get 5% cashback on almost every purchase (think, you can write off your business marketing expenses AND get 5% cash back!) with no limit to rewards, but, this is huge. American Express will give you the option to pay over time or in full. Also, if you happen to use Delta, Fedex, or rent a vehicle at Hertz you can receive 3% - 25% cashback.

  As usual there is no annual fee and 0% APR for 6 months…sign me up.

• 
  American Express SimplyCash Business Card: With this fabulous card you earn 5% cash back on gas, office supplies and wireless services and 1% on all other purchases. In addition to the savings you’ll find there is no annual fee, the ability to pay in full or carry a balance and a 0% APR for the first 12 months.
• 
  Chase Business Cash Rewards: Of course Chase is going to give businesses the same (or better) benefits as a personal card. To start you get 5% cash back and no restrictions on which merchants you do business with or which category the purchases fall into. You literally will get 5% cash back on EVERY purchase, anywhere. To top it off Chase is giving you a 0% APR for up to 12 months and always a plus - no annual fee.
• 
  Discover Business Card: Don’t let the seafoam green color fool you, this card is designed to give you money back. When you apply (and are approved) you’ll get $100. Then you can lasso in 5% cashback bonus on office supplies, 2% on gas and up to 1% on all other purchases with no annual fee and a 0% APR on balance transfers and purchases for 12 months.

Cash-Back Cards in Summary
We’ve given you 10 great cards to choose from, but that certainly isn’t the extent of cashback credit cards, nor is it the end-all list of rewards cards. In fact, these are just the few of many cards that are created to offer the incentives customers are looking for. If cash-back is your game, then definitely do some research on the cards listed and apply when you’re ready.

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